Forecast chart for Ultra Petroleum Corp.
( UPL )
for the next 15 trading days, starting on February 2, 2018

On February 1, 2018 Ultra Petroleum Corp. had a closing price of $6.17 with 7,542,912 shares traded. The trading liquidity was $46.54M. The forecast predicted average opening price for trading date February 2, 2018 is $6.20.

Summary Information for Ultra Petroleum Corp. ( UPL ).

Summary of the 10th percentile net composite return.

The best expected daily return of 1.7890% occurs on day 2 where there is a 10% chance that UPL will rise to $7.21 (+16.29%) and there is a 10% chance it will fall to $5.41 (-12.68%). There is a 20% that UPL will cross one of these price levels in 2 days, and adding the returns of +16.29% and -12.68% yields a net composite return of 3.61%. A net return of 3.61% in 2 days is an EDR of 1.7890% per day.

Summary of the 20th percentile net composite return.

The best expected daily return of 1.4003% occurs on day 3 where there is a 20% chance that UPL will rise to $7.02 (+13.30%) and there is a 20% chance it will fall to $5.64 (-9.04%). There is a 40% that UPL will cross one of these price levels in 3 days, and adding the returns of +13.30% and -9.04% yields a net composite return of 4.26%. A net return of 4.26% in 3 days is an EDR of 1.4003% per day.

Summary of the 30th percentile net composite return.

The best expected daily return of 1.0783% occurs on day 3 where there is a 30% chance that UPL will rise to $6.79 (+9.55%) and there is a 30% chance it will fall to $5.81 (-6.28%). There is a 60% that UPL will cross one of these price levels in 3 days, and adding the returns of +9.55% and -6.28% yields a net composite return of 3.27%. A net return of 3.27% in 3 days is an EDR of 1.0783% per day.

Summary of the 40th percentile net composite return.

The best expected daily return of 0.9182% occurs on day 3 where there is a 40% chance that UPL will rise to $6.62 (+6.78%) and there is a 40% chance it will fall to $5.95 (-4.00%). There is a 80% that UPL will cross one of these price levels in 3 days, and adding the returns of +6.78% and -4.00% yields a net composite return of 2.78%. A net return of 2.78% in 3 days is an EDR of 0.9182% per day.

* The forecast for Ultra Petroleum Corp. (UPL)
was made using market data after the close on February 1, 2018
but is generated for the next trading day, or February 2, 2018